Robeco Institutional Asset Management B.V. Makes New $591,000 Investment in Insight Enterprises, Inc. $NSIT

Robeco Institutional Asset Management B.V. bought a new position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 3,780 shares of the software maker’s stock, valued at approximately $591,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NSIT. BlackRock Inc. acquired a new position in Insight Enterprises during the second quarter valued at $587,162,000. Paradigm Capital Management Inc. NY acquired a new stake in Insight Enterprises during the 2nd quarter worth about $116,563,000. Bank of America Corp DE acquired a new stake in Insight Enterprises during the 2nd quarter worth about $36,643,000. Alyeska Investment Group L.P. acquired a new stake in Insight Enterprises during the 2nd quarter worth about $26,602,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Insight Enterprises during the 2nd quarter valued at about $21,892,000.

Insight Enterprises Stock Up 1.1%

NSIT stock opened at $178.72 on Tuesday. Insight Enterprises, Inc. has a one year low of $63.62 and a one year high of $182.12. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.15 and a current ratio of 1.18. The firm’s fifty day moving average is $159.03 and its 200 day moving average is $111.41. The firm has a market cap of $5.25 billion, a PE ratio of 26.17, a P/E/G ratio of 1.28 and a beta of 1.06.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings data on Thursday, August 6th. The software maker reported $3.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.93 by $0.93. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the firm posted $2.45 earnings per share. The company’s revenue was up 14.7% compared to the same quarter last year. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. On average, research analysts forecast that Insight Enterprises, Inc. will post 11.50 EPS for the current year.

Insider Buying and Selling at Insight Enterprises

In related news, General Counsel Karim Adatia sold 248 shares of Insight Enterprises stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $157.40, for a total value of $39,035.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.21% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on NSIT. JPMorgan Chase & Co. boosted their price objective on Insight Enterprises from $135.00 to $160.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Barrington Research set a $180.00 target price on Insight Enterprises in a report on Monday, August 10th. Raymond James Financial reiterated an “outperform” rating and set a $175.00 price target on shares of Insight Enterprises in a research report on Thursday, August 6th. Zacks Research downgraded Insight Enterprises from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Finally, Weiss Ratings upgraded Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Insight Enterprises currently has an average rating of “Hold” and an average price target of $147.50.

About Insight Enterprises

Insight Enterprises, Inc is a global technology solutions provider that helps businesses and public-sector organizations plan, acquire, implement and manage information technology. The company offers hardware, software and cloud solutions, along with consulting, systems integration, managed services and technical support.

Its portfolio includes workplace and data-center technologies, cloud and data-center modernization, cybersecurity, networking, data and artificial intelligence solutions, and software licensing and asset management.